Trust Talks: What are the Primary Trustee Powers? [Episode 24]

Working with Peak Trust Company means you’ll work with people who understand trusts.
In our latest Trust Talks episode, Jillian Johnson, introduces the three primary powers held by trustees:
- Administrative Powers: Handling the day-to-day management of the trust, such as filing tax returns, collecting assets, and sending statements to the appropriate parties.
- Investment Powers: Making investment decisions on behalf of the trust, including buying and selling assets, to manage the trust's portfolio effectively.
- Distribution Powers: Distributing assets to beneficiaries or grantors according to the terms of the trust agreement.
Tune in to learn more about what each trustee power entails!